In this trending discussion, Leasehackr member @Artem shares that he was paid $120 for driving a $43,000 Chevrolet Camaro LT1 for 15 months and 8,000 miles.

How is this possible? In short, used car prices have risen significantly due to a global microchip shortage affecting vehicle inventory. While his car was leased through GM Financial, @Artem was able to cash out on his lease equity—essentially getting back all the money he paid into the lease, and then some.

In the hopes he can repeat the same scenario, @Artem plans on ordering a Jeep Wrangler 4xe, which is selling above MSRP on the used car market. There are several sellers on the Leasehackr Marketplace that are offering discounts on new Wranglers, provided you are okay with custom ordering a vehicle and waiting your turn.

To see how much equity you have in your lease, and to bypass the third-party lease buyout ban, check out Equityhackr.